Automating home mortgage splits?

Dennis Powless claven123 at gmail.com
Tue Jun 27 13:46:07 EDT 2017


I just set up a scheduled transaction and then once I get the P, I and escrow info I update the transaction.

D

Sent from my iPhone

> On Jun 27, 2017, at 11:44 AM, Dan Rawson <drawson1 at earthlink.net> wrote:
> 
> Is it possible to automate the splits associated with a  home mortgage transaction?  I am downloading the checking account transactions as QFX from my bank, so from their point of view, it's a single check.  As an example:
> 
> 
> Check amount:  $3000
> 
> For payment X, we might have:
> 
> Principal:  $1700
> Interest:  $400
> Tax escrow:  $900
> 
> But for payment X+1, the P&I numbers obviously change, while the total and tax escrow amounts are un-changed.  Unfortunately, I can't download the split data from the mortgage holder.
> 
> Any ideas on how this might be automated?  Or should I just live with doing the manual entry once per month?
> 
> Thanks!
> 
> Dan
> 
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